INNOSPACE Announces 20% Free Stock Issuance and Paid Capital Increase, Leading to Severe Share Dilution


  • INNOSPACE resolved on June 4, 2026 to issue free shares at a ratio of 0.2 shares per common share, resulting in approximately 9.8 million new common shares and 0.78 million preferred shares.
  • This free issuance follows a planned paid capital increase of 7 million shares before the record date of June 19, 2026, with an additional free issuance after the paid increase, potentially expanding total shares from about 20.87 million to around 37.7 million.
  • The surge in share count significantly dilutes existing shareholders' equity, and the lack of clear disclosure on the use of proceeds from the paid increase raises concerns among investors.
  • [AI Summary]INNOSPACE's combined free and paid stock issuance leads to an approximate 80% increase in total shares, directly lowering per-share value under stable market cap. Short-term downward price pressure is expected, and the ambiguity regarding the allocation of raised capital adds to investment uncertainty.

KOSDAQ Filing Information


  • Filing: Report on Major Issues (Decision on Free Allocation)
  • Company: INNOSPACE (462350)
  • Submission: INNOSPACE Co., Ltd.
  • Receipt: 06-05-2026

  • [06-02-2026]
  • Shares: 20,868,662
  • Stock Price: KRW 13,570
  • Market Cap: KRW 283,187,743,340